Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of -1.59% is in line with its 5-year average of -1.66%, around the middle of its 5-year range (-4.20%–0.43%).
As of the fiscal period ended Wednesday, December 31, 2025. 174.14% below its 12-month average of -0.58%.
Reported annual effective tax rate; no daily interpolation.
TAX RATE
-1.59%
TAX RATE AVG TTM
-0.58%
TAX RATE AVG 3Y
-2.23%
TAX RATE AVG 5Y
-1.66%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-174.14%
CURRENT VS 3Y AVG
+28.78%
CURRENT VS 5Y AVG
+4.02%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | -1.59% |
| 2024-12-31 | 0.43% |
| 2023-12-31 | -3.57% |
| 2022-12-31 | -4.20% |
| 2021-12-31 | -0.26% |
| 2020-12-31 | -0.75% |
| 2019-12-31 | -6.49% |
| 2018-12-31 | 0.77% |
